Simpson Thacher represented Sixth Street Specialty Lending, Inc., a publicly traded business development company (“TSLX”), in establishing a SEC-registered “at-the-market” equity program for an aggregate sales price of up to $100 million. TSLX’s common stock may be sold from time to time under the program by RBC Capital Markets, LLC, Truist Securities, Inc., Citizens JMP Securities, LLC, Keefe, Bruyette & Woods, Inc. and Raymond James & Associates, Inc., as sales agents.
TSLX is an externally managed, non-diversified, closed-end management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended.
Sixth Street Specialty Lending Advisers, LLC, an affiliate of Sixth Street Partners, is TSLX’s investment adviser.
The Simpson Thacher team included Steven Grigoriou, Jonathan Pacheco, Andrew Jones, Jason Tsudik and Caitlynn Corie (Registered Funds); and Benjamin Rippeon, Ari Zak, Caroline Phillips and Sean Largey (Tax).